American Tower Corp Stock Z Score

AMT Stock

USD 202.81 1.93 0.96%

Altman Z Score is one of the simplest fundamental models to determine how likely your company is to fail. The module uses available fundamental data of a given equity to approximate the Altman Z score. Altman Z Score is determined by evaluating five fundamental price points available from the company's current public disclosure documents. Check out American Tower Piotroski F Score and American Tower Valuation analysis.

At this time, American Tower's Additional Paid In Capital is comparatively stable compared to the past year. Capital Lease Obligations is likely to gain to about 8.8 B in 2024, whereas Net Working Capital is likely to drop (3.7 B) in 2024. At this time, American Tower's Cost Of Revenue is comparatively stable compared to the past year. Total Operating Expenses is likely to gain to about 8.1 B in 2024, whereas Research Development is likely to drop 0.13 in 2024.

American Tower Corp Company Z Score Analysis

American Tower's Z-Score is a simple linear, multi-factor model that measures the financial health and economic stability of a company. The score is used to predict the probability of a firm going into bankruptcy within next 24 months or two fiscal years from the day stated on the accounting statements used to calculate it. The model uses five fundamental business ratios that are weighted according to algorithm of Professor Edward Altman who developed it in the late 1960s at New York University..

Z Score

Sum Of

5 Factors

More About Z Score | All Equity Analysis

First Factor

1.2 * (

Working Capital

/

Total Assets )

Second Factor

1.4 * (

Retained Earnings

/

Total Assets )

Thrid Factor

3.3 * (

EBITAD

/

Total Assets )

Fouth Factor

0.6 * (

Market Value of Equity

/

Total Liabilities )

Fifth Factor

0.99 * (

Revenue

/

Total Assets )

American Z Score Driver Correlations

Understanding the fundamental principles of building solid financial models for American Tower is extremely important. It helps to project a fair market value of American Stock properly, considering its historical fundamentals such as Z Score. Since American Tower's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of American Tower's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of American Tower's interrelated accounts and indicators.

	Total Assets	Total Stockholder Equity	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Net Receivables	Good Will	Total Liab	Total Current Assets	Short Term Debt	Intangible Assets	Common Stock	Long Term Debt	Treasury Stock	Property Plant Equipment	Total Permanent Equity	Net Tangible Assets	Long Term Debt Total	Capital Surpluse	Long Term Investments	Short Long Term Debt	Cash And Equivalents	Net Invested Capital	Net Working Capital	Capital Stock
Total Assets		0.41	0.7	0.99	-0.72	0.71	0.98	0.99	1.0	0.98	0.92	0.97	0.64	0.99	-0.86	0.98	0.75	0.03	0.92	0.79	-0.84	0.76	0.89	0.89	-0.87	0.7
Total Stockholder Equity	0.41		0.33	0.35	-0.15	0.32	0.3	0.35	0.37	0.39	0.2	0.57	0.74	0.41	-0.35	0.25	0.31	-0.31	0.41	0.35	-0.5	0.11	0.12	0.11	-0.19	-0.03
Current Deferred Revenue	0.7	0.33		0.72	-0.16	0.67	0.68	0.7	0.72	0.66	0.65	0.75	0.47	0.72	-0.6	0.61	0.45	-0.57	0.79	0.52	-0.56	0.7	0.65	0.77	-0.73	0.27
Net Debt	0.99	0.35	0.72		-0.7	0.71	0.98	0.98	1.0	0.97	0.92	0.96	0.61	0.99	-0.86	0.98	0.72	0.03	0.92	0.77	-0.82	0.76	0.91	0.91	-0.87	0.7
Retained Earnings	-0.72	-0.15	-0.16	-0.7		-0.59	-0.74	-0.76	-0.7	-0.72	-0.66	-0.58	-0.54	-0.7	0.5	-0.79	-0.46	-0.5	-0.57	-0.55	0.5	-0.43	-0.66	-0.62	0.55	-0.91
Accounts Payable	0.71	0.32	0.67	0.71	-0.59		0.68	0.74	0.71	0.7	0.66	0.66	0.72	0.69	-0.54	0.66	0.36	-0.15	0.76	0.5	-0.49	0.67	0.69	0.73	-0.68	0.54
Net Receivables	0.98	0.3	0.68	0.98	-0.74	0.68		0.98	0.98	0.98	0.91	0.93	0.55	0.98	-0.86	0.98	0.77	0.1	0.9	0.81	-0.84	0.75	0.91	0.91	-0.86	0.75
Good Will	0.99	0.35	0.7	0.98	-0.76	0.74	0.98		0.98	0.96	0.93	0.93	0.6	0.98	-0.8	0.97	0.69	0.06	0.9	0.77	-0.77	0.78	0.88	0.93	-0.89	0.75
Total Liab	1.0	0.37	0.72	1.0	-0.7	0.71	0.98	0.98		0.98	0.92	0.96	0.62	0.99	-0.87	0.98	0.74	0.02	0.92	0.78	-0.84	0.76	0.91	0.9	-0.87	0.7
Total Current Assets	0.98	0.39	0.66	0.97	-0.72	0.7	0.98	0.96	0.98		0.92	0.95	0.64	0.97	-0.92	0.96	0.82	0.05	0.9	0.79	-0.89	0.77	0.9	0.85	-0.86	0.69
Short Term Debt	0.92	0.2	0.65	0.92	-0.66	0.66	0.91	0.93	0.92	0.92		0.85	0.46	0.88	-0.83	0.93	0.71	0.0	0.82	0.76	-0.77	0.92	0.89	0.89	-0.97	0.69
Intangible Assets	0.97	0.57	0.75	0.96	-0.58	0.66	0.93	0.93	0.96	0.95	0.85		0.67	0.97	-0.86	0.9	0.76	-0.13	0.92	0.79	-0.87	0.7	0.81	0.82	-0.81	0.57
Common Stock	0.64	0.74	0.47	0.61	-0.54	0.72	0.55	0.6	0.62	0.64	0.46	0.67		0.63	-0.55	0.54	0.32	-0.09	0.67	0.42	-0.56	0.37	0.51	0.41	-0.4	0.37
Long Term Debt	0.99	0.41	0.72	0.99	-0.7	0.69	0.98	0.98	0.99	0.97	0.88	0.97	0.63		-0.84	0.97	0.73	0.02	0.92	0.78	-0.83	0.7	0.87	0.89	-0.83	0.7
Treasury Stock	-0.86	-0.35	-0.6	-0.86	0.5	-0.54	-0.86	-0.8	-0.87	-0.92	-0.83	-0.86	-0.55	-0.84		-0.82	-0.84	0.03	-0.81	-0.74	0.96	-0.74	-0.83	-0.68	0.76	-0.48
Property Plant Equipment	0.98	0.25	0.61	0.98	-0.79	0.66	0.98	0.97	0.98	0.96	0.93	0.9	0.54	0.97	-0.82		0.73	0.15	0.87	0.79	-0.79	0.74	0.92	0.9	-0.87	0.8
Total Permanent Equity	0.75	0.31	0.45	0.72	-0.46	0.36	0.77	0.69	0.74	0.82	0.71	0.76	0.32	0.73	-0.84	0.73		0.03	0.68	0.79	-0.89	0.57	0.69	0.57	-0.63	0.5
Net Tangible Assets	0.03	-0.31	-0.57	0.03	-0.5	-0.15	0.1	0.06	0.02	0.05	0.0	-0.13	-0.09	0.02	0.03	0.15	0.03		-0.06	0.12	0.04	-0.17	0.16	0.02	0.14	0.43
Long Term Debt Total	0.92	0.41	0.79	0.92	-0.57	0.76	0.9	0.9	0.92	0.9	0.82	0.92	0.67	0.92	-0.81	0.87	0.68	-0.06		0.86	-0.79	0.74	0.91	0.88	-0.79	0.65
Capital Surpluse	0.79	0.35	0.52	0.77	-0.55	0.5	0.81	0.77	0.78	0.79	0.76	0.79	0.42	0.78	-0.74	0.79	0.79	0.12	0.86		-0.81	0.66	0.83	0.74	-0.71	0.69
Long Term Investments	-0.84	-0.5	-0.56	-0.82	0.5	-0.49	-0.84	-0.77	-0.84	-0.89	-0.77	-0.87	-0.56	-0.83	0.96	-0.79	-0.89	0.04	-0.79	-0.81		-0.63	-0.76	-0.62	0.7	-0.48
Short Long Term Debt	0.76	0.11	0.7	0.76	-0.43	0.67	0.75	0.78	0.76	0.77	0.92	0.7	0.37	0.7	-0.74	0.74	0.57	-0.17	0.74	0.66	-0.63		0.82	0.83	-0.96	0.49
Cash And Equivalents	0.89	0.12	0.65	0.91	-0.66	0.69	0.91	0.88	0.91	0.9	0.89	0.81	0.51	0.87	-0.83	0.92	0.69	0.16	0.91	0.83	-0.76	0.82		0.9	-0.85	0.75
Net Invested Capital	0.89	0.11	0.77	0.91	-0.62	0.73	0.91	0.93	0.9	0.85	0.89	0.82	0.41	0.89	-0.68	0.9	0.57	0.02	0.88	0.74	-0.62	0.83	0.9		-0.9	0.72
Net Working Capital	-0.87	-0.19	-0.73	-0.87	0.55	-0.68	-0.86	-0.89	-0.87	-0.86	-0.97	-0.81	-0.4	-0.83	0.76	-0.87	-0.63	0.14	-0.79	-0.71	0.7	-0.96	-0.85	-0.9		-0.6
Capital Stock	0.7	-0.03	0.27	0.7	-0.91	0.54	0.75	0.75	0.7	0.69	0.69	0.57	0.37	0.7	-0.48	0.8	0.5	0.43	0.65	0.69	-0.48	0.49	0.75	0.72	-0.6

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To calculate a Z-Score, one would need to know a company's current working capital, its total assets and liabilities, and the amount of its latest earnings as well as earnings before interest and tax. Z-Scores can be used to compare the odds of bankruptcy of companies in a similar line of business or firms operating in the same industry. Companies with Z-Scores above 3.1 are generally considered to be stable and healthy with a low probability of bankruptcy. Scores that fall between 1.8 and 3.1 lie in a so-called 'grey area,' with scores of less than 1 indicating the highest probability of distress. Z Score is a used widely measure by financial auditors, accountants, money managers, loan processors, wealth advisers, and day traders. In the last 25 years, many financial models that utilize z-scores proved it to be successful as a predictor of corporate bankruptcy.

Competition

Predict American Tower

In accordance with the company's disclosures, American Tower Corp has a Z Score of 0.0. This is 100.0% lower than that of the Specialized REITs sector and about the same as Real Estate (which currently averages 0.0) industry. The z score for all United States stocks is 100.0% higher than that of the company.

American Tower ESG Sustainability

Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, American Tower's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to American Tower's managers, analysts, and investors.

Environmental

Governance

Social

American Tower Institutional Holders

Institutional Holdings refers to the ownership stake in American Tower that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of American Tower's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing American Tower's value.

		Shares
Principal Financial Group Inc	2024-09-30	6.1 M
Akre Capital Management, Llc	2024-09-30	6.1 M
Norges Bank	2024-06-30	5.8 M
Amvescap Plc.	2024-06-30	5.6 M
Goldman Sachs Group Inc	2024-06-30	5.6 M
T. Rowe Price Associates, Inc.	2024-06-30	5.5 M
Legal & General Group Plc	2024-06-30	5.4 M
Charles Schwab Investment Management Inc	2024-09-30	5.2 M
Capital Research Global Investors	2024-09-30	5.1 M
Vanguard Group Inc	2024-09-30	62.5 M
Blackrock Inc	2024-06-30	38.1 M

American Fundamentals

	Return On Equity	0.18
	Return On Asset	0.0445
	Profit Margin	0.1 %
	Operating Margin	0.45 %
	Current Valuation	136.63 B
	Shares Outstanding	467.29 M
	Shares Owned By Insiders	0.14 %
	Shares Owned By Institutions	93.92 %
	Number Of Shares Shorted	4.76 M
	Price To Earning	34.99 X
	Price To Book	25.81 X
	Price To Sales	8.41 X
	Revenue	11.14 B
	Gross Profit	7.45 B
	EBITDA	6.87 B
	Net Income	1.48 B
	Cash And Equivalents	2.03 B
	Cash Per Share	4.56 X
	Total Debt	47.15 B
	Debt To Equity	3.79 %
	Current Ratio	0.57 X
	Book Value Per Share	7.79 X
	Cash Flow From Operations	4.72 B
	Short Ratio	2.43 X
	Earnings Per Share	4.14 X
	Price To Earnings To Growth	1.24 X
	Target Price	241.11
	Number Of Employees	5.64 K
	Beta	0.84
	Market Capitalization	93.87 B
	Total Asset	66.03 B
	Retained Earnings	(3.64 B)
	Working Capital	(3.54 B)
	Current Asset	996.47 M
	Current Liabilities	1.2 B
	Annual Yield	0.03 %
	Five Year Return	1.87 %
	Net Asset	66.03 B
	Last Dividend Paid	6.56

About American Tower Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze American Tower Corp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of American Tower using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of American Tower Corp based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.

Please read more on our fundamental analysis page.

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American Tower Corp Stock Z Score

American Tower Corp Company Z Score Analysis

Z Score

Sum Of

5 Factors

First Factor

1.2 * (

Working Capital

/

Total Assets )

Second Factor

1.4 * (

Retained Earnings

/

Total Assets )

Thrid Factor

3.3 * (

EBITAD

/

Total Assets )

Fouth Factor

0.6 * (

Market Value of Equity

/

Total Liabilities )

Fifth Factor

0.99 * (

Revenue

/

Total Assets )

American Z Score Driver Correlations

American Tower ESG Sustainability

American Tower Institutional Holders

American Fundamentals

About American Tower Fundamental Analysis

Thematic Opportunities

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